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 Could you live on your own?
making 13bucks a hour?...


 How much rent should we charge our college grad daughter?
We have been charging our daughter $100 per month rent since she graduated college two years ago. We feel that this is low, but we wanted to help her get back on her feet. Does anyone know what a ...


 Can a landlord go to a persons place of work to collect rent money?
i have a friend that is a single mom who rents and her landlord is always coming into the house when she is gone and the landlords wife is always showing up at her place of work to collect rent money....


 I have not received my security deposits from my past landlord and it has been over 3 months, can I sue?
I did all the necessary protocol:
- I owed no rent
- Gave them letter notice of my move out at the end of my lease

The leasing agent and old property manager know they owe me my ...


 I need a basic rental agreement setting up, what should I include?
I'm selling a property, but the buyer needs to move in quickly as they have to be out of their property in 2 weeks. Because my house isn't quite ready for sale yet, i.e.still full of ...


 Can you break a rental agreement for a good reason?
My family and I just moved in about 3 months ago to an apt. the lady had us sign the papers before we saw the apt. but that's not the problem. We signed a 1 year lease and than as soon as it got ...


 I need and can afford to buy a home but I have poor credit. Is there anything I can do?
My credit is bad, but I have an excellent rental history. I work in the gov therfore I can get a residental loan with my own money. I have about $10,000 in there. I would really like help in ...


 If I have an offer on my house that I'm negotiating (but no contract), can other potential buyers still look?
I've been verbally going back and forth with the buyer's realtor, but in the meantime, other people are asking to come look at the house. Is it okay to let them look until the contract is ...


 Do she have to pay rent?
Hello. I have a friend who is renting an apartment. we found out from the landlord herself that she is losing the entire apt. complex. So the banks going to end up repoing it. But the current ...


 Can I buy a house? $42K salary?
I make $42,000 a year and would like to purchase a home. I have a good credit background, am paying off my credit cards and student loans. I just finished up paying off my car. I'm trying really ...


 What are my rights - Landlord/Tenant Question?
I am renting a property through a letting agency, and moved in in Aug 06. I signed a 12 month Assured Shorthold Tenancy Agreement.

I have just recieved a call from the letting agency ...


 I am buying a house of what things should be alert?
I am buying a 465 000 house I want to know some things that I must know from my agent or things that i should expect i dont want ot get rip off in other words I want to be alert....


 How much of your paycheck do you put towrads your rent?
I hear 1/3, but that seems like a lot. I've even hearf 1/2.. how abut u?
Additional Details
Im asking you, how much of YOUR paycheck goes to your rent, not how do you figure out ...


 Paying more than required mortgage payment?
For example, let's say my mortgage payment is $800 per month. What will happen if I pay $1000 every month? Will my required payment go down each month?

What if it's an interest ...


 How do you give a motel a good reputation, when it once had a bad one?
my dad is the manager of a motel that used to have a reputation of being a drug and wh*re house, but sense he's became manager 2 years ago it been cleaned out, but is still known as a drug/wh*re ...


 Which makes more sense??
1) Renting house from father for $1600/month for roughly 40 years
2) Renting house from father until we can afford to buy it (for roughly $500K+)

Does it make more sense to rent ...


 Hi ya , i rent a room from my land lord do i neen a tv lincne of my own even if the landlord got his own 1 ?
...


 If i make $17,000 a year, what kind of house (price wise) could i afford realistictly.?
...


 Where in the US is the lowest cost of living?
I'm thinking about relocating. I'm paid a lot of money and have a ridiculous mortgage, too. The pressure's not worth it for the stress of my work. I'd like less money to ...


 My mother has left the family home to the 3 children - has any one had experience of how this can work? ?
My mother has left her home to my sister, my brother and me. The house, which is by the beach, has been in the family since 1915. It was always a summer home until my parents got sole ownership and ...



LADYJ
I am a renter the prop. is selling. My lease is not up. what happens to me this week when they close?
                     
 




bdancer222
Rating
Nothing. The lease remains valid and passes to the new owners. If the new owners want you out. They could offer to buy you out. But you don't have to accept.

Of course at the end of the lease, the new owners could put you out.


carmen m
Rating
Nothing is supposed to happen to you. You may stay till end of lease no matter what.... You have a contract (a valid one)
You may get out if it if they offer you money to leave and is enough for you, else you can stay up till end of lease.


Jeff H
Rating
Your lease covers you until the lease expires. You are obligated to pay your rent and keep the place clean and in good condition. Whatever your lease says. If you mowed the yard under your old agreement, you should do so for the new landlord. If you shoveled the snow for the old landlord, you should do so for the new landlord.
Be aware that any verbal agreement you had with the old landlord may not be true with the new one. The lease in writing is the one the courts will uphold.

The new owner may be purchasing the property as an investment. Just make sure you know who to pay your rent to and where to pay it. Talk to the Realtor who is handing this and ask them to make sure you get a notice signed by both purchaser and seller to keep it clear. IMO, it's just good business. I would get a receipt for the first few months and hold on to them. Never pay cash. Use a check or money order. Once you get comfortable with the new landlord, things should settle down.

Be aware that the new owner has the right to not renew your lease. Be sure to ask the new owner as the time for the lease expiration comes closer. Another possibility could be the new owner might ask you to sign a new lease. Just read it over carefully for things that are different than your current lease. If I were the new owner, I would want a new lease. It is NOT required the new owner do so.


HelpingU
ask the landlord, they might have sold the property to an investor who doesn't want to live in the property.


jdecorse25
Rating
You should have known much sooner than a week to closing. New property owner has to go with the lease agreement. They probably sold to an investor who is looking to rent it out anyway. If that is the case, they you're probably safe, however they can change the rent on you and they porbably will. Call the original owners and find out.


Dr. Deth
find out if the new buyer is buying it as a rental property or if they plan to use it as their primary residence


ticketoride05
Rating
SIMPLY, the lease stays with the bldg, unless there is a sell clause within and the lease, then it is/may be void.


stephen t
They are stuck with you until your lease expires, also, the new owner might want you to continue to rent. Make sure you get in touch with new owner before closing to find out where to send rent checks, so the seller will transfer any security deposits or rents already paid, and to put him on notice you are a tenant, preferably by certified mail.


Weimaraner Mom
Your lease will remain in full affect with the new owners. If you're renting a house, then the current owner should have given you 30 days notice to vacate if the new owners were planning on moving in, there would have been a clause in your lease agreement that stated that if the property sells that the owner can terminate your lease, however, if there isn't a specific termination clause stating that and if your lease does not expire for several months chances are the new owners are aware that there is a lease on the property and will assume the lease and rent until the lease term is up. Depends on what the new owners are planning on doing with the property, are they moving into it or are they using it as an investment property? chances are 30 days prior to your lease expiration you'll be receiving a notice from the new owner that they will not be renewing your lease. As long as you have a current lease in place the Landlord cannot just kick you out without giving you sufficient notice as per the lease. In most Tenant/Landlord disputes the Tenant always wins. READ YOUR LEASE and speak to the current owner.

If you're in an apartment complex then nothing will change, only the owner will. You'll receive a letter telling you who to make your checks payable to and there even might be a change in management companies and or staff. Unless the new owner plans on turning the apartments into condos you should be fine.


?
Rating
Depending on the rental laws where you live the new owner must give you time to find another place to live or honor the remainder of the lease. I would call your local housing authority to find out for sure though.


comrad_420
they put u out on the street :(


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